Samsung NEXT

Samsung NEXT, headquartered in Mountain View, United States, functions as the corporate venture arm of Samsung Electronics, dedicated to investing in and supporting innovative software and services startups worldwide. The firm's mission extends beyond mere capital injection, aiming to foster strategic partnerships and integrate promising technologies into Samsung's broader ecosystem.

While the provided description emphasizes "seed-stage" investments, Samsung NEXT's official investment mandate covers a broader spectrum, ranging from Seed to Series B rounds. They actively seek out disruptive companies across key emerging technology sectors, including artificial intelligence, blockchain, fintech, digital health, media, and infrastructure. This broad focus allows them to identify and nurture innovations that align with Samsung's future strategic interests and market evolution.

Samsung NEXT offers its portfolio companies significant value beyond financial backing. Startups gain access to Samsung's extensive global network, vast distribution channels, and deep industry expertise. This unique proposition provides founders with unparalleled opportunities for market validation, product development, and scaling, leveraging Samsung's global footprint and resources.

To support its investment thesis, Samsung NEXT has established dedicated capital pools, notably launching a $150 million fund in 2017 specifically earmarked for early-stage startups. Their typical initial investments are quite flexible, often ranging from $500,000 to $10 million, depending on the specific stage and capital requirements of the company. They are known for both leading and participating in funding rounds, demonstrating a commitment to supporting companies through various growth phases.

Through its strategic investments, Samsung NEXT plays a pivotal role in identifying and cultivating the next generation of technological advancements. By integrating external innovation with Samsung's internal capabilities, the firm helps ensure Samsung remains at the forefront of technological progress and continues to shape the future of software and services.